Features

• Credit interest is calculated on the minimum monthly balance and applied monthly on the last day of the month
• Service/ledger fees are charged and accrued per transaction and applied as a total at the end of every month.
• Account statements are sent out monthly from the date of opening. The statement frequency can be amended to suit your needs

Account Opening Requirements

• Complete Account Opening Form
• Specimen Signature Card
• Memorandum and Articles of Association
• Certified true copy of the Resolution of Board of Directors authorizing opening of the account
• Certified copies of positive identification e.g. driver’s license/passport as proof of ID of all Directors or all authorised signatories
• Certified Certificate of Incorporation
• Upon approval and opening of account, an initial deposit must be made.